President Biden signed the American Rescue Plan Act into law Thursday, triggering the release of $1,400 Economic Impact Payments along with tax breaks for stimulating the economy. | Tax refunds plunge 32% in slow-moving IRS filing season → | | By Laura Davison 2 min read | | Just under a month into federal tax filing season, the IRS reported a 32 percent slide in the number of refunds sent out compared with last year, showcasing delays that have spurred Democrats to call for postponing the traditional April 15 deadline. | |
| Tax Fraud Blotter: Rep rap → | | By Jeff Stimpson 6 min read | | UnReliable; Terminated; the wire tap; and other highlights of recent tax cases. | |
| Credit Suisse tax whistleblowers urge U.S. to punish bank → | | By David Voreacos, Neil Weinberg and Eyk Henning 3 min read | | Former Credit Suisse Group AG bankers who blew the whistle on their employer for helping wealthy Americans dodge taxes are now urging U.S. authorities to punish the bank beyond the $2.6 billion it paid as part of a guilty plea seven years ago. | |
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